Embarking on a journey to study at Frankfurt School, you are met with the promise of world-class education and the reality of Frankfurt’s steep living costs. In this guide, I will provide an insider’s roadmap for international students preparing for our esteemed Pre-experience Master’s Programmes.
Frankfurt School has recently launched its very own dormitories in partnership with I-live, conveniently situated adjacent to the campus. Though operational, these will reach full functionality by May 2024, marking a golden opportunity for the incoming class of 2024. Frankfurt’s housing landscape offers diverse options, including WGs (flatshares), student dorms and studio apartments, such as Alvarium, Urbanum, Neon Wood, You5 and The Flag. The ‘warm rent,’ which includes utilities, typically ranges from €800 to €1,200 monthly, varying by size and type of accommodation.
While searching for accommodations from my home country, I found the FS accommodation page incredibly resourceful. For detailed insights and assistance in finding the right accommodation that suits your needs and budget, I highly recommend visiting the accommodation page.
Initially, I opted for a studio apartment, Yugo Urbanum, which I secured through Frankfurt School at a subsidised rate of €700. Preferring the privacy of a studio apartment initially seemed prudent, given the uncertainty of flatmates — who could range from working professionals to fellow students. Living in student housing during my first year was a positive experience. Student apartments offer numerous amenities, such as an on-site gym, communal lounges, dedicated study rooms and a community kitchen.
When securing a student apartment, expect to pay a security deposit between €1,500 and €2,000; it’s refundable, provided there’s no damage. As an alternative, I took rent deposit insurance for an annual fee of €125, which is only 5% of the deposit amount, offering a more budget-friendly option.
Recently, I made the switch to FS’s newly constructed student apartments, again benefiting from the subsidised rate of €700. I urge you to apply for FS accommodation as early as possible due to high demand or stay close to campus, at least in your first year. It saves considerable time on transportation and, given the demanding academic and community life, which often keeps you on campus until late, the convenience and proximity are invaluable.
Germany’s public transportation system is a lifeline for students, providing extensive connectivity that simplifies travel. With your student ID, enjoy free travel in the Rhine-Main area t hrough RMV’s extensive buses, trams, U-Bahn and S-Bahn services, covering Frankfurt and neighbouring cities like Wiesbaden and Darmstadt. Although nighttime services are less frequent, transport is available round-the-clock.
Hessian university students, including those of FS, can upgrade their RMV-Semesterticket with the Deutschland-Ticket for just €10.07/month for unlimited second-class train travel across Germany; just be sure to carry your semester ticket and photo ID at all times.
Frankfurt, known for its global vibe, provides a wide range of dining options to suit any appetite, from fast food to relaxed meals. On campus, ‘The Casino’ is a popular spot during lunch hours, and ‘Deli’ is open almost every day, perfect for grabbing a coffee or a quick snack during extended study sessions in the library. Moreover, the convenience of having several microwaves around campus for students to heat the meals they brought from home is a real lifesaver, especially for those who, like me, prefer their food warm.
While Frankfurt’s restaurant scene is vibrant, dining out regularly can be costly, with a simple meal typically ranging from €10 to €15. For budget-conscious students, cooking at home is a smart alternative. As a vegetarian, finding a variety of dining options outside can be challenging, which is why cooking at home is not only a healthier choice but also significantly more economical.
Frankfurt, a modern city, caters to all your recreational needs. The Taunus mountain range to the north is a haven for hikers and nature lovers alike. For those keen on outdoor sports, the FS student initiatives provide opportunities tailored to your interests. The city’s love for green spaces is evident with its numerous expansive parks, perfect for a serene evening stroll. Not to be missed is the Frankfurt Zoo, where over 4,500 animals from 510 species thrive across an 11-hectare space. The student discount extends across various venues in Frankfurt, making exploration and enjoyment even more accessible.
When budgeting for student life in Frankfurt, it’s important to account for miscellaneous expenses, such as mobile and data plans, which typically range from €10 to €15. There is also a mandatory radio tax that costs €18.36 per month. Health insurance is another critical expense; the public provider, Techniker Krankenkasse (TK), charges about €125 per month. While there are other less expensive private health insurance options, it’s essential to meticulously review their coverage to ensure it meets your needs.